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Nonferrous Metal News13/09/2004

Sumitomo Light Metal to Hike the Rolling Processing Fee of the Aluminum Cans
Sumitomo Light Metal Industries announced on Friday that it would decide the price hike of the rolling processing fee of the aluminum cans material that was the maximum demand field. The width of the price hike is that body material of cans is at 10 yen per kilogram and cans cover is at 20 yen. The firm will execute it from the shipment next month. As for the can material price, the roll margin was decreasing though the demand increased. For this reason, this price hike is epoch-making.

The price hike, that Sumitomo Light Metal Industries executes this time, is done to five can manufacturer companies of Toyo Seikan, Hokkai Can, Showa Aluminum Can, Mitsubishi Materials, and Japan National Cans

Up to now, the range of reduction of the rolling processing fee of the can material is larger than that of other articles, it was a situation that was not able to be supplemented only with the cost reduction enterprise effort. Moreover, since the quality requirement from the plate working maker upgrades every year, Light metal re-rollers should maintain deteriorated equipment and update it and it was a necessary situation to secure benefit that Light metal re-rollers could invest again.




Today's Japan Metal Bulletin E-mail
Sumitomo Light Metal to Hike the Rolling Processing Fee of the Aluminum Cans
Sumitomo Electric Industries aims sales of 2 trillion yen in F2007
Yukita Electric Wire Build up 2 Factory in China

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Copyright 2004 Japan Metal Bulletin.
No reproduction or republication without written permission.